From the Winter 2009 issue
The end of the era of cheap Chinese labor.
Japan’s fiscal stimulus, Singapore’s shipping parking lot, and Dan Gross’s Dumb Money.
The Monetary Realist
China, the world’s largest surplus country and one of the world’s most export-dependent economies, faces great uncertainty about its outlook amidst the current crisis. Over forty experts offer their predictions for China’s 2009 GDP growth rate.
China and the United States should stabilize the yuan/dollar relationship.
The new role of central bank credit targets.
If the president asked you to name the most urgent financial reform, global or domestic, needed to rebuild the credibility of our financial system, what would you tell him?
If a bank is too big to fail, it is too big.
Cutting the Gordian Knot of U.S. financial regulation.
Do the world’s best financial minds need collectively to assemble to unravel today’s securitized asset markets which have paralyzed world credit markets? In his new book, Liaquat Ahamed describes a similar exercise in 1912 which led to the formation of the Federal Reserve.
The Issing Committee corralled some of the best minds in banking and financial supervision. Here’s what they concluded.
A rule-based system for future prosperity.
Out of crisis can come a change in the European Union’s balance of power.
A behind-the-scenes look at the U.S.-European struggle over financial regulation.
Stop worrying about the financial markets.
A pandemic of preferential trade agreements is undermining free trade.
With global debt soaring, the endgame of today’s recession will not be pretty.
Taking it to its next phase.